A livestock breeder from the Victorian Highlands has sold a 14-month-old heifer for what could be a world record $67,500.
- Highland heifer raised in Victoria sold for $67,500.
- Demand for Highland cows is currently high.
- Sales of bovine embryos also increased
Glen Hastie has been breeding Highland cows in Gisborne for 26 years and has never seen such demand for a historic breed.
“It’s out of this world for us, it will certainly take care of our next batch of imported genetics and build a barn for us,” Mr. Hastie said.
“She is a really good heifer from a bull and a cow that we have bred. However, we did not expect such a price,
“The average price of six lots was $38,000 and the previous sale we had six months ago had an average price of $13,000, which we thought was amazing at the time.”
After contacting breeders in the US and Scotland, Mr. Hastie decided that the latest price was a world record for the breed.
“It was definitely a record for us and a record for the breed in Australia,” he said.
“I have made several contacts with people in Scotland and North America, and this is about double the previous records for each of these countries.
“Of course, more than anyone received in their native country.
“I contacted a Scottish breeder we import who is the former president of the local Highland Cattle Society and he was blown away.”
The record-breaking heifer named Culmore from Bairnsley was bought by a buyer from New South Wales and will be the start of a new herd.
What affects the price of Highland?
The price of Highland cattle has risen since the pandemic, as more people began to move to the regions.
In Australia, Highland cows were considered a rare and mostly boutique breed for hobby farmers due to their good looks and easy care.
They were also ideal for beginner cattle owners.
Highland breeders across the country have been unable to keep up with demand, causing prices to skyrocket.
“It’s all really just supply and demand,” Mr. Hastie said.
“It comes down to a lack of quality, registered Highland females.
“They have an exquisite temperament, they are just very quiet animals.
“I think people who don’t have cattle experience are more interested in Highlands than other more commercial breeds.”
Mr. Hastie said high cow prices have increased interest in embryos, which can cost up to $3,000 each.
“It’s interesting that the fetal side of things suddenly gets pretty cheap compared to $67,000 a cow,” he said.
“Following the sale, the embryos now in our aquarium generated considerable interest.”